Brokerage Litigation Attorney

Job Description:

The FMR LLC Legal Department is seeking to hire a mid-level to senior attorney to join the retail brokerage and institutional businesses litigation team.

The Role

The retail brokerage and institutional businesses litigation team is responsible for litigation, regulatory investigations, enforcement proceedings and internal reviews involving Fidelity’s retail customer brokerage businesses, as well as disputes involving its institutional intermediary businesses. This position currently requires on-site attendance every other week for five days, and in-office attendance on the non-on-site weeks as necessary (although attendance requirements could change in the future).

The Expertise You Have

• J.D with six-plus years as a practicing litigation attorney, with significant experience representing broker-dealers in a variety of contexts, including FINRA arbitrations, State and Federal court proceedings, FINRA, SEC and state regulatory investigations, and internal investigations.

• Law firm experience required. In-house legal, corporate and/or government experience is ideal.

• Experience working with corporate control functions, such as compliance, risk, internal audit and cyber security.

• Experience providing risk-based legal advice for business initiatives is useful.

• Solid understanding of the brokerage industry and products and processes typical of a retail brokerage account. It is useful, though not necessary, to have experience with institutional intermediary businesses, such as registered investment advisors and correspondent firms.

• Experience having responsibility for directing and being accountable for matters.

The Skills You Bring

• You have the ability to work in a dynamic environment that requires you to balance multiple, competing tasks simultaneously, often transitioning between multiple subject matters daily.

• You are able to work in a team context, managing various views and developing consensus; and you have the ability to build relationships with a range of lawyers and non-lawyers across the company.

• You are highly organized, ambitious and self-directed, but comfortable with reporting lines that require obtaining approvals and agreements from numerous constituents.

• You possess strong communications and presentation skills, including the ability to communicate complex legal concepts clearly and efficiently to non-lawyers.

• You have excellent writing and analytical skills.

• You have the ability to try cases in FINRA arbitration hearings, and negotiate directly with regulatory enforcement divisions.

The Value You Deliver

• Leading teams comprised of in-house lawyers and staff, outside counsel, consultants, and other resources to achieve favorable resolutions of legal, regulatory and enforcement matters.

• Coordinating strategy and communications among the Legal Department, Businesses, Senior Management, and other relevant partners (e.g., risk, compliance, finance, communications).

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.